Political instability and security fears have left a lasting impact on Turkey’s tourism industry during the past year, but has it had the same impact on the country’s general air transport sector?
Although first formed as a charter business in 1990, Pegasus has taken-off in the scheduled market since it was acquired by ESAS Holding in 2005 and over recent years has been among the fastest-growing major scheduled airlines in Europe, even out-performing its local rival Turkish Airlines in terms of capacity growth.